MAGX vs. ROM
Compare and contrast key facts about Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and ProShares Ultra Technology (ROM).
MAGX and ROM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAGX is an actively managed fund by Roundhill. It was launched on Feb 28, 2024. ROM is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Technology Index (200%). It was launched on Jan 30, 2007.
Performance
MAGX vs. ROM - Performance Comparison
Loading graphics...
MAGX vs. ROM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MAGX Roundhill Daily 2X Long Magnificent Seven ETF | -25.26% | 26.16% | 81.14% |
ROM ProShares Ultra Technology | -16.84% | 35.63% | 15.79% |
Returns By Period
In the year-to-date period, MAGX achieves a -25.26% return, which is significantly lower than ROM's -16.84% return.
MAGX
- 1D
- 9.45%
- 1M
- -11.57%
- YTD
- -25.26%
- 6M
- -22.65%
- 1Y
- 39.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ROM
- 1D
- 8.36%
- 1M
- -8.93%
- YTD
- -16.84%
- 6M
- -15.35%
- 1Y
- 47.16%
- 3Y*
- 31.37%
- 5Y*
- 14.97%
- 10Y*
- 31.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MAGX vs. ROM - Expense Ratio Comparison
Both MAGX and ROM have an expense ratio of 0.95%.
Return for Risk
MAGX vs. ROM — Risk / Return Rank
MAGX
ROM
MAGX vs. ROM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and ProShares Ultra Technology (ROM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| MAGX | ROM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 0.88 | -0.19 |
Sortino ratioReturn per unit of downside risk | 1.36 | 1.49 | -0.13 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.00 | 1.48 | -0.48 |
Martin ratioReturn relative to average drawdown | 3.19 | 4.42 | -1.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MAGX | ROM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 0.88 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.29 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.44 | +0.10 |
Correlation
The correlation between MAGX and ROM is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MAGX vs. ROM - Dividend Comparison
MAGX's dividend yield for the trailing twelve months is around 2.74%, more than ROM's 0.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGX Roundhill Daily 2X Long Magnificent Seven ETF | 2.74% | 2.05% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROM ProShares Ultra Technology | 0.29% | 0.24% | 0.21% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% |
Drawdowns
MAGX vs. ROM - Drawdown Comparison
The maximum MAGX drawdown since its inception was -54.19%, smaller than the maximum ROM drawdown of -83.36%. Use the drawdown chart below to compare losses from any high point for MAGX and ROM.
Loading graphics...
Drawdown Indicators
| MAGX | ROM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.19% | -83.36% | +29.17% |
Max Drawdown (1Y)Largest decline over 1 year | -37.24% | -32.33% | -4.91% |
Max Drawdown (5Y)Largest decline over 5 years | — | -67.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -67.55% | — |
Current DrawdownCurrent decline from peak | -31.30% | -26.67% | -4.63% |
Average DrawdownAverage peak-to-trough decline | -14.05% | -21.02% | +6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.65% | 10.81% | +0.84% |
Volatility
MAGX vs. ROM - Volatility Comparison
Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and ProShares Ultra Technology (ROM) have volatilities of 16.68% and 16.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MAGX | ROM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.68% | 16.01% | +0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 30.86% | 32.95% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.13% | 53.78% | +3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.62% | 51.32% | +3.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.62% | 49.50% | +5.12% |